NIBZnotes Archives - Serious Startups

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From Tomasz Tunguz

Great entrepreneurs can come from anywhere. But do the locations of startups affect their ability to raise follow on capital? Do seed stage companies in the Bay Area face lower likelihoods of raising a Series A because of more competition? Or is it that New York based startups, because of a smaller ecosystem, face more difficulty?

Using Crunchbase data, I charted the financing follow-on rates across the 12 US cities in which at least 10 seeds, 3 Series As and 3 Series Bs have occured in the Crunchbase data set from 2005-2014. The first two charts below contrast the success rates of post-seed startups raising an A having raised a seed and raising a B having raised an A. The third chart shows the success rates of raising a B having raised a seed round.

From Lifehacker

“Don’t be evil” has been Google’s unofficial motto for a long time, but in recent years it’s questionable whether they’ve lived up to the slogan. So we asked you what you
thought

. Here are your best arguments.

Not Evil: As a Big Company, They’re Always Going to Offend Someone

One thing many of you pointed out is that Google’s come under more scrutiny about the evil banner because they’ve gotten a lot bigger since they made that original motto. Our own Andy Orin put it well:

As a company’s size and influence grows and their decisions affect millions of people, it can be a mistake to characterize them as evil because they did something you didn’t like. They are a profit-driven business of course, and not an altruistic NGO working plainly for world betterment, and so everything they do is tied to making a buck. Anyway, as far as evil corporations go, Google is not very evil!

Turns Out Location Doesn’t Matter When Raising a Series A

Is Google Living Up to Its “Don’t Be Evil” Motto?

Not Evil: As a Big Company, They’re Always Going to Offend Someone